A bill to allow an investment tax credit for computerized railroad rail grinding trains owned and operated by United States persons notwithstanding the fact that such trains may be used in a country contiguous to the United States.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an investment tax credit for computerized railroad rail grinding trains owned and operated by United States persons and leased for use on a Canadian or Mexican railroad where the income derived from such lease and operation is subject to tax.…